The Process of Initially Recording Business Transactions in a Journal

question 37

Multiple Choice

The process of initially recording business transactions in a journal is:

• A)sliding.
• B)posting.
• C)journalizing.
• D)transposing.

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Definitions:

Complex of Ideas

A system or grouping of interrelated concepts, thoughts, or theories that together provide a comprehensive understanding of a particular subject or phenomenon.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s which transformed primarily agrarian, rural societies in Europe and America into industrialized, urban ones.

Mode of Subsistence

The patterns or methods by which a society obtains its food and sustenance, ranging from hunting and gathering to agriculture and industrial food production.

Work Arrangements

Work arrangements refer to the terms and conditions under which work is performed, including aspects like hours, location (remote or onsite), contract type, and flexibility in scheduling.